Clarus Corp — Director's Dealing 2020

Sep 16, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Clarus Corp (CLAR)
CIK: 0000913277
Period of Report: 2020-09-14

Reporting Person: KANDERS WARREN B (Director, Executive Chairman, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-09-14	Common Stock, par value $0.0001 per share ("Common Stock")	A	244003	$13.58	Acquired	4004198	Direct
2020-09-14	Common Stock	F	101814	$13.58	Disposed	3902384	Direct

Footnotes

F1: The 244,003 shares of Common Stock that are the subject of this award granted to Mr. Kanders under the Issuer's 2015 Stock Incentive Plan are fully vested as of the date of grant. The foregoing grant is issued to replace the 800,000 vested options originally granted to Mr. Kanders in December 2002, of which 400,000 options had an exercise price of $7.50 per share and 400,000 options had an exercise price of $10.00 per share, all of which expired in accordance with their terms without being exercised.

F2: Represents the number of shares withheld by the Issuer to satisfy the tax withholding obligations incurred by Mr. Kanders as a result of the vesting on the grant date of the Restricted Stock Award.